archiveFinancial Directors Insider

The CFO of Tesla, Zachary Kirkhorn, has resigned from his position, which has surprised many people who believed Kirkhorn could have been a potential successor to CEO Elon Musk. Tesla did not give any specific reason behind Kikhorn's departure. Vaibhav Taneja, who is currently the Chief Accounting Officer (CAO) and...

Small businesses are the backbone of an economy, driving innovation and competition across various industries. However, they face multiple challenges, including managing their finances and dealing with complex taxation issues.   Tax planning is essential for these businesses, not just to comply with the law but also to optimize their financial...

One has to pay their taxes, whether they like it or not. Tax evasion is illegal and attracts hefty fines. At times, defaulters are sent to prison. On the other side, there are legitimate ways to minimize tax liability, which is essentially tax avoidance. But this isn’t child’s play. Unless...

U.K. telecom giant BT Group plc (“BT Group”), appointed Allison Kirkby, a board member and the chief executive of Swedish telecoms company Telia, as its first female chief executive, replacing Philip Jansen --- who has been in charge for over four years. Kirkby, a non-executive director at BT since 2019,...

As of August 01, 2023, Anders Holch Povlsen was the wealthiest person in Denmark, with an estimated net worth of 7.3 billion U.S. dollars, followed by Agnete Kirk Thinggaard (No. 2, $6.9 billion), Kjeld Kirk Kristiansen (No. 3, $6.9 billion); and Sofie Kirk Kristiansen (No. 4, $6.9 billion). Thomas Kirk Kristiansen...

As of August 01, 2023, Nassef Sawiris was the wealthiest person in Egypt, with an estimated net worth of 7.5 billion U.S. dollars, followed by Mohamed Mansour (No. 2, $3.6 billion), Naguib Sawiris (No. 3, $3.3 billion); and Mohamed Al Fayed (No. 4, $2.1 billion). Youssef Mansour is the fifth-richest person in Egypt, with a whopping...

As of August 01, 2023, Antti Herlin was the wealthiest person in Finland, with an estimated net worth of 4.2 billion U.S. dollars, followed by Heikki Kyostila (No. 2, $2.1 billion), Mika Anttonen (No. 3, $2.0 billion); and Ilkka Herlin (No. 4, $1.7 billion). Ilona Herlin is the fifth-richest person in Finland, with a whopping $1.6...

As of July 28, 2023, Rafaela Aponte-Diamant  was the wealthiest person in Switzerland, with an estimated net worth of 30.8 billion U.S. dollars, followed by Gianluigi Aponte (No. 2, $30.8 billion), Ernesto Bertarelli (No. 3, $9.6 billion); and Ivan Glasenberg (No. 4, $9.3 billion). Magdalena Martullo-Blocher is the fifth-richest person in Switzerland, with...

As of July 28, 2023, James Ratcliffe was the wealthiest person in the United Kingdom, with an estimated net worth of 22.9 billion U.S. dollars, followed by Michael Platt (No. 2, $16.0 billion), James Dyson (No. 3, $9.9 billion) and Denise Coates (No. 4, $7.9 billion). John Reece is the fifth-richest person...